IBT Staff Reporter

57271-57300 (out of 154953)

Wall Street tumbles as ECB discord stirs fears

U.S. stocks tumbled on Friday after the top German official at the European Central Bank resigned in protest of the bank's bond-buying program, which has been a major tool in fighting the region's debt crisis.

HHS Shells Out $700 Million For Community Health Centers Nationwide

The U.S. Department of Health and Human Services (HHS) on Thursday announced the availability of two funding opportunities for community health centers to help build, expand and improve community health centers across the U.S. to provide needed care to low-income Americans.

Kroger profit grows, repeats earnings view

Kroger Co , the biggest U.S. supermarket chain reported higher quarterly net profit as robust sales eased worries that higher food prices would cause shoppers to reel in spending.

Wall St slides on ECB discord

Stock indexes extended declines on Friday, with the Dow industrials down 3 percent as investors fretted over discord within the European Central Bank over how to deal with the region's sovereign debt crisis.

Obama hits the road to sell pivotal jobs plan

President Barack Obama, seeking to rescue a faltering U.S. economy and his own re-election prospects, began an uphill battle on Friday to win Republican support for a $447 billion jobs plan.

McDonald's August sales miss; Japan drags

McDonald's Corp reported a lower-than-expected rise in worldwide August sales at established restaurants on a steep drop in Japan and a lull in new product launches in the United States.

Droid Bionic Fails to Shake Samsung Galaxy S2's Roost

A recent report by J.D. Power and Associates states that the overall satisfaction with smartphones is higher for devices which are of a certain size and weight and have the wherewithal which includes good-quality display, faster processors, long lasting battery and touch screen capabilities.

McDonald's August sales miss expectations

McDonald's Corp reported a lower-than-expected 3.5 percent rise in global August sales at established restaurants on Friday, with all its markets disappointing analysts.

Top German to quit ECB over bond-buying row

The top German official at the European Central Bank is to quit early in disagreement with the bank's policy of buying euro zone government bonds to combat the currency bloc's debt crisis.

From taiga to tank: hard scrabble for new oil

Oil was discovered in 1978 deep under the forest floor in this corner of Eastern Siberia, but the challenges of drilling here were created hundreds of millions of years ago in a churn of silt and sea water.

Housing sector seen limping along: Reuters poll

The struggling U.S. housing market is expected to fall a little further as it searches for a bottom, but home prices are seen ticking up modestly in 2012, according to a Reuters poll released on Friday.

Is Kate Middleton Not Pregnant? (Photos)

Dutchess of Cambridge, Kate Middleton is expecting “Royal Twins,” the buzz was all around, confirmed by Star Magazine, US Weekly and several other media outlets.

Car makers fight European gloom in Frankfurt

The global car industry descends on Frankfurt next week to show off the latest models it hopes will fend off an economic slowdown in some of its biggest markets, as government spending cuts chip away at consumer confidence in Europe.

McDonald's August sales miss, Japan drags

McDonald's Corp reported a lower-than-expected rise in global August sales at established restaurants on Friday, with Asia turning lower on a big drop in Japan and the United States and Europe also missing expectations.

Futures down in wake of Obama jobs speech

Stock index futures fell on Friday as investors remained skeptical about how much of President Barack Obama's $447 billion proposal to generate U.S. jobs would make it through Congress.

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